Research
4 August 2020 NEW!
Domestically, the fall of the JCI yesterday was marked by the release of large amounts ...
Research
3 August 2020
JCI closed in the green throughout last week supported by positive sentiment regarding ...
4 August 2020 NEW!
Domestically, the fall of the JCI yesterday was marked by the release of large amounts of foreign funds reaching IDR1.4 trillion. The recession that has hit various countries and the lockdown policy that was re-imposed in various regions raised concerns for market participants. As for today, JCI is still likely to rebound after it still managed to close above the psychological level of 5,000.
3 August 2020
The JCI movement in the beginning of the week will be affected by releases of domestic economic data such as July 2020 inflation and PMI. Consensus estimates that last month's inflation will be at 0.04% monthly and 1.70% YoY.
30 July 2020
The three major markets in the US managed to rebound in trade (07/29/2020) supported by the commitment of the Federal Reserve to continue to use all necessary steps in economic recovery. In addition, the FOMC meeting also decided to hold interest rates in the target range of 0% - 0.25%.
29 July 2020
The JCI movement today is estimated to be still limited with a downtrend. As expected, several companies experienced a decline in net profit during Semester I/2020 as a result of the Covid-19 pandemic.
28 July 2020
The JCI also gained at the beginning of the week, supported by news that government funds have been allocated to several local banks and the new record in gold price. However, today's movement predicted to be limited with potential of profit taking after yesterday's significant gain.
